Republic of Korea - Fluorescent Discharge Lamps - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFluorescent Discharge Lamps Price in South Korea - 2022
Contents:
- Fluorescent Discharge Lamps Price in South Korea (CIF) - 2022
- Fluorescent Discharge Lamps Price in South Korea (FOB) - 2022
- Fluorescent Discharge Lamps Imports in South Korea
- Fluorescent Discharge Lamps Exports in South Korea
Fluorescent Discharge Lamps Price in South Korea (CIF) - 2022
In December 2022, the average fluorescent discharge lamps import price amounted to $2.3 per unit, rising by 29% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was China ($1.4 per unit), while the price for Poland amounted to $1.3 per unit.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.0%).
Fluorescent Discharge Lamps Price in South Korea (FOB) - 2022
In 2022, the average fluorescent discharge lamps export price amounted to $29 per unit, rising by 25% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 58% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($63 per unit), while the average price for exports to the United Arab Emirates ($3.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Fluorescent Discharge Lamps Imports in South Korea
In 2022, the amount of fluorescent discharge lamps imported into South Korea shrank rapidly to 20M units, declining by -25.5% against the previous year's figure. In general, imports recorded a sharp reduction. The smallest decline of -12.2% was in 2021. Over the period under review, imports hit record highs at 40M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, fluorescent discharge lamps imports reduced markedly to $38M in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The smallest decline of -7.6% was in 2021. Over the period under review, imports reached the maximum at $66M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Fluorescent Discharge Lamps in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 40.2 | 32.6 | 32.1 | 25.5 | -14.1% |
Poland | 1.5 | 1.3 | 1.3 | 0.8 | -18.9% |
Italy | 4.1 | 3.4 | 1.0 | 0.1 | -71.0% |
Others | 20.5 | 11.9 | 11.0 | 11.5 | -17.5% |
Total | 66.3 | 49.2 | 45.4 | 38.0 | -16.9% |
Top Suppliers of Fluorescent Discharge Lamps to South Korea in 2022:
- China (19.0M units)
- Poland (0.6M units)
- Italy (0.1M units)
Fluorescent Discharge Lamps Exports in South Korea
Fluorescent discharge lamps exports from South Korea contracted notably to 535K units in 2022, with a decrease of -25.9% against the previous year. In general, exports recorded a sharp curtailment. The smallest decline of -4.6% was in 2020. The exports peaked at 1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, fluorescent discharge lamps exports declined to $15M in 2022. Overall, exports saw a abrupt shrinkage. The smallest decline of -5% was in 2021. Over the period under review, the exports reached the peak figure at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Fluorescent Discharge Lamps in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 5.7 | 3.8 | 4.9 | 4.2 | -9.7% |
Japan | 3.3 | 3.6 | 3.1 | 4.0 | 6.6% |
China | 2.5 | 2.5 | 1.7 | 1.3 | -19.6% |
Indonesia | 1.0 | 1.1 | 1.0 | 0.7 | -11.2% |
Vietnam | 0.7 | 0.9 | 0.6 | 0.7 | 0.0% |
Malaysia | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
Philippines | 0.4 | 0.5 | 0.5 | 0.4 | 0.0% |
Russia | 0.8 | 1.1 | 0.6 | 0.4 | -20.6% |
Thailand | 0.8 | 0.6 | 0.5 | 0.4 | -20.6% |
Taiwan (Chinese) | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
Canada | 0.2 | 0.4 | 0.2 | 0.2 | 0.0% |
India | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
United Arab Emirates | N/A | 0.1 | N/A | 0.1 | 0.0% |
Others | 2.2 | 2.2 | 2.8 | 2.1 | -1.5% |
Total | 18.5 | 17.6 | 16.7 | 15.4 | -5.9% |
Top Export Markets for Fluorescent Discharge Lamps from South Korea in 2022:
- United States (90.3K units)
- Japan (64.0K units)
- Indonesia (58.6K units)
- Malaysia (56.2K units)
- China (49.7K units)
- Vietnam (46.5K units)
- Thailand (32.0K units)
- Philippines (24.6K units)
- United Arab Emirates (12.9K units)
- Canada (12.8K units)
- Taiwan (Chinese) (11.2K units)
- Russia (10.6K units)
- India (10.2K units)
This report provides an in-depth analysis of the fluorescent discharge lamps market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27401510 - Fluorescent hot cathode discharge lamps, with double ended cap (excluding ultraviolet lamps)
- Prodcom 27401530 - Fluorescent hot cathode discharge lamps (excluding ultraviolet lamps, with double ended cap)
- Prodcom 27401550 - Other discharge lamps (excluding ultraviolet lamps)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
In 2016, the amount of lamp imported worldwide amounted to X tons, lowering by -X% against the previous year figure. Overall, lamp imports continue to indicate a moderate decrease. The pace of ...
Germany held the second spot in the global trade of electric filament, discharge lamps and arc lamps. In 2014, Germany exported X thousand tons of electric filament, discharge lamps and arc lamps totaling X million USD, X% under the previous y